Benue confirms gold and aluminium deposits, vows to regulate mining and attract credible global investors.

Benue State has confirmed the discovery of gold and aluminium deposits in key parts of the state, a development officials say could transform its economy and strengthen its position in Nigeria?s solid minerals industry.

In an interview with The Guardian, Director of Solid Minerals in the state, Mr. Anselm Nege, described the discovery as a major boost to Benue?s solid minerals development agenda and a potential game changer for the state?s revenue base.

According to Nege, confirmed reports indicate the presence of gold in Kwande Local Government Area and aluminium along riverine areas of the state. He said the government is closely monitoring ongoing mining activities to ensure proper regulation and curb illegal operations.

?On gold and other mineral discoveries, there have been confirmed reports of gold deposits in Kwande Local Government Area and aluminium deposits along riverine areas of the state,? Nege said. ?Mining activities in these areas are ongoing, but many remain unorganised and, in some cases, illegal. We are monitoring these activities to ensure proper regulation and to mitigate economic and environmental risks.?

He described the discoveries as ?positive indicators of Benue?s growing mineral potential,? adding that they could enhance the state?s profile in Nigeria?s solid minerals landscape and attract long term investments.

Also speaking, Chief Risk Officer of the Benue Investment and Property Company Limited (BIPC), Mr. Andrew Simon Mbaiorga, said the findings could evolve into sustainable and profitable ventures if managed strategically.

?If this is done properly, in a constructive way, and with the right investors on the ground, this can become a strong, sustainable initiative and eventually lead to formal commercial rights and recognition,? Mbaiorga explained.

He noted that the Benue State Government has set up a regulatory board to coordinate mining operations, particularly among indigenous miners, to attract credible investors and ensure responsible resource exploitation.

?Our goal is to encourage investors in this area to collaborate with us, to form partnerships, establish industries, and develop the sector,? he said. ?These industries will not only generate internally generated revenue through the sale of gold, but they will also create jobs and improve livelihoods in these communities and surrounding areas.?

Mbaiorga further urged the government to maintain strict oversight and ensure all mining operations comply with global best practices, saying sustainable exploration could help balance economic growth with environmental protection. (ARISE NEWS)

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